Fuyo General Lease : Investment in Prime Industrial Real Estate In Tuas, Singapore with ESR

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January 19, 2026

Fuyo General Lease Co., Ltd.

(Securities Code: 8424 TSE Prime)

President & CEO, Hiroaki Oda

Investment in Prime Industrial Real Estate In Tuas, Singapore with ESR

Fuyo General Lease Co., Ltd. (hereinafter, the Company) is pleased to announce that the Company has invested in a logistics and solar manufacturing facility, "20 Tuas South Avenue 14", located in Singapore, together with ESR, a leading Asia-Pacific real asset owner and manager.

The property is a fully stabilised operational asset comprising ramp-up logistics warehouses and a solar manufacturing complex located near Tuas Mega Port, one of the world's largest container ports. This project represents the Company's second collaboration with ESR in Singapore, following an earlier partnership to invest in the development of "Sunview Logistics & Container Hub", a new modern multi-storey warehouse and automated container depot.

In addition to the Company, Hulic Co., Ltd., Yasuda Real Estate Co., Ltd., and Kanden Realty & Development Co., Ltd. are participating in the project as co-investors under a Japanese investor consortium managed by TRI Investment Management Pte. Ltd.

＜Property Overview＞

• Location：20 Tuas South Avenue 14, Singapore 637312

• Site Area：Approximately 252,733 ㎡

• Gross Floor Area：Approximately 251,190 ㎡

• Year of Completion：Logistics facility：2022

Solar manufacturing facility：2009